3672

LAWS OF MARYLAND

Ch. 778

(4) For any of the causes for which an insurance
agent or broker's [license] CERTIFICATE may be revoked or
suspended under this article.

(b) [No] A broker whose license has been so revoked or
suspended [shall] MAY NOT again be so licensed until all
penalties and delinquent taxes owing by him have been paid.

240B.

(a) Insurers have a duty to provide each policyholder with
a notice of renewal premium due at least 17 days in advance of
the due date, unless a notice of intention not to renew has been
furnished in compliance with §§ 240A and 240AA. This duty may be
discharged by any duly [licensed] QUALIFIED agent or broker.

243B.

(d) (1) Any producer [licensed] QUALIFIED in Maryland may,
subject to the provisions of this section and the binding rules
of the Fund, bind the minimum required coverage for an applicant
in the Fund upon application to the producer and payment of the
appropriate premium.

243L.

As used in this subtitle,

(1) "Producer" means any agent or broker [licensed]
QUALIFIED in this State.

344A.

Agents of societies shall be [licensed] QUALIFIED in
accordance with the provisions of this subtitle.

344C.

Any person who in this State acts as insurance agent for a
society without having authority so to do by virtue of a
[license] CERTIFICATE OF QUALIFICATION issued and in force
pursuant to the provisions of this subtitle shall, except as
provided in Section 344B, be guilty of a misdemeanor.

344D.

[No] A society doing business in this State [shall] MAY NOT
pay any commission or other compensation to any person for any
services in obtaining in this State any new contract of life or
health insurance, or any new annuity contract, except to a
[licensed] QUALIFIED insurance agent of such society and except
an agent exempted under subsection (2) of § 344B.

344E.